Virtual real estate or VRE behaves pretty much the same as real real estate except perhaps for the property taxes. Virtual real estate is simply made up of a web site and its domain.You build on it as you wish, both high and wide. The number that you posses is not limited.
Here is where your VRE empire becomes interesting. What are going to do with your site or sites is the subject here and how you are going to do it.
Let's start with just one web site and see where we can go and what we can do. As you continue on you will become more proficient and not only able to maximize your single site but you can now add as many sites as you wish thus multiplying your income.
Your first web site should be centered around a single niche. Finding this is actually quit easy and fun to do. We now add content and a lot of it that would be of use to the people that are searching for your niche. There are many many places to get this content.
How we capitalize on this web site financially is a whole nother ballgame. You can advertise you own products or sell other people's products called affiliates and there many many sites available with products for every niche imaginable. You could actually rent space on your site to other people including Google with ads called Adsense.
I hope your getting excited here because this whole concept of "Internet Marketing" has made many a millionaire.
Building your web site is where the fun begins. Your options are way too numerous to mention here but the whole process is not all that difficult and can be a lot of fun. There is also both free and paid help should you need it.
The end result of your web site is to get on the first page of any search engine. This is where the term keywords comes into play and how to use them. This could be the most important part in your web site development along with SEO or search engine development.
Now that your site is built, monetized and optomized you will need to get traffic. Without traffic all has been for naught. Again, this can be a lot of fun and there so many ways to generate good targeted traffic.
Good luck now on your journey to becoming a virtual real estate tycoon!